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Just heard interest rates have gone up
Comments
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3 mins til the ECB rate is announced...get ready....0
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god that means even more for me to pay as Ive come off my fix as we are seling up
:eek: this is very scary.
Lets not laugh too hard at other moneysavers- its not always "stupidity" which makes people have unfixed mortgages you know.:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
The markets have now priced in a full rise to 5.5%, and a good rise to 5.75% in Q2.
Year end at 6% is looking more and more likely IMO.
Those who are on a fix, well done. You took some good advise, which is why sites like this are invaluable.0 -
A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
Euro rate staying at 3.5%A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
F_T_Buyer wrote:The markets have now priced in a full rise to 5.5%, and a good rise to 5.75% in Q2.
Year end at 6% is looking more and more likely IMO.
Those who are on a fix, well done. You took some good advise, which is why sites like this are invaluable.
Oh goody, my savings will do better then! Seriously though, I feel for peole with variable mortgages - a couple of friends probably won't appreciate this, but it has been on the cards for a while now.0 -
We're part fixed and part variable so we're going to be effected by the increase but we had budgeted for the increases when we brought our house so we're not overly concerned. Don't be too harsh on everyone with a variable rate we went for it because there were no fees what so ever so it gives us freedom.House purchase completed 6th December whole process took 4 months.
Hang in there everyone it is worth it0 -
F_T_Buyer wrote:The markets have now priced in a full rise to 5.5%, and a good rise to 5.75% in Q2.
Year end at 6% is looking more and more likely IMO.
Those who are on a fix, well done. You took some good advise, which is why sites like this are invaluable.
doubt very much rates will rise to 6% dont forget that the first rise of this sequence was in august 2006 it takes at least a year for rate rises to hit inflation figures. imo we may see another rise this year but that will be it as we see the results of these rises hit inflation and the lower cost of fuel.
IMO rates will be back at 5% by the end of the year.0 -
I purchased my first house in September and chose a three year fixed rate at around 4.89%. I had the feeling that rates were due to increase but I have still budgeted so that at the end of the fixed period we can still afford a higher rate.
I doubt we'll see huge increases over the next few years.0
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